dow down 700 and falling

Well, Evince. It's Friday ... right before the weekend ... and we've 'detained' one of China's Elite. Just how bad is it going to be today, you know, going into the weekend.
 
I'm a little surprised here. Dow goes into free fall and nobody blinks an eye. (I'm guessing we can forget about any 'Santa Claus Rally'?)
 
so is it finally not obamas economy anymore? if it goes back up again obama can't take credit? or is it only trumps economy when things go bad? I would like to know the rules. thank you.
 
so is it finally not obamas economy anymore? if it goes back up again obama can't take credit? or is it only trumps economy when things go bad? I would like to know the rules. thank you.

The Rules are ... if it goes up, that is a positive sign, and alternately, if it goes down, that is a negative sign. It doesn't really matter who is in Office, it's all about the Money.

(After 10 years of going UP ... we're looking at a Market that will start legging its way down. Have you banked your Profits into Cash or Short-Term Bonds?)
 
so is it finally not obamas economy anymore? if it goes back up again obama can't take credit? or is it only trumps economy when things go bad? I would like to know the rules. thank you.
It’s Donald’s tweets and tariffs, they are making investors nervous. China’s economy is also slowing down, there are some things out of his control.
 
so is it finally not obamas economy anymore? if it goes back up again obama can't take credit? or is it only trumps economy when things go bad? I would like to know the rules. thank you.

There are many rules operating at once:

It's Trump's the day he takes office.
It's Trump's only upon 6 months following implementation of his first major economic act.
It's Trump's after a period of 2 years no matter what.
It's Trump's only when some marked difference in the general preceding trajectory of the economy is noticed.

Which seems most true, reasonable and and a fair assessment of cause effect to you?
 
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